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Fourth defendant indicted in Carter’s Inc. trading conspiracy (Atlanta Business Chronicle)
Steven E. Slawson was indicted by a federal grand jury for participating in a long-running insider trading conspiracy involving Atlanta-based Carter’s, Inc. (NYSE:CRI) stock. According to U.S. Attorney Sally Quillian Yates, the charges, and other information presented in court: Slawson, 67, of Lebanon, N.J., was the co-founder of Titan Capital Management LLC, a hedge fund manager in Parsippany, N.J. At Titan, Slawson co-managed a multimillion dollar portfolio of the securities of publicly-traded companies.

Without Ballmer, goal remains the same for Chris Hansen (KGMI)
San Francisco hedge fund manager Chris Hansen is still committed to returning the NBA to Seattle. Just a day after his top financial partner entered into a deal to buy the L.A. Clippers, the Seattle Arena investor released a statement congratulating Steve Ballmer on his bid and reassured Emerald City hoop fans that the goal remains the same.

Activist Fund Blue Harbour Sells Minority Stake to Neuberger Berman Fund (Wall Street Journal)
Activist investor Blue Harbour Group LP sold a roughly 20% stake to investment manager Neuberger Berman Group LLC, according to a letter sent to Blue Harbour investors Thursday and people familiar with the matter. Blue Harbour CEO Clifton S. Robbins, who labels himself as a friendly activist and says he won’t fight the public campaigns many activists are known for, told his investors in the letter that Neuberger’s presence would help with boards and management.

Huttenlocher’s Myriad Hedge Fund Said to Approach $3 Billion (Bloomberg)
Myriad Asset Management Ltd., the hedge fund led by former Highbridge Capital Management LLC Asia head Carl Huttenlocher, is approaching $3 billion of assets, said three people with knowledge of the matter. Assets jumped from almost $2.4 billion early this year after Myriad accepted more capital from investors, said the people, who asked not to be identified because the information is private. Huttenlocher said in November 2011 that he planned to stop taking more investor capital when his fund assets hit $2 billion.

KKR closes equity hedge fund (Opalesque)
Global investment firm KKR & Co. L.P. (NYSE:KKR) or Kohlberg Kravis Roberts said it would shut down its hedge fund that invests in stocks after making waves in 2010 when the firm poached a team of proprietary traders from investment bank Goldman Sachs Group Inc (NYSE:GS), various media reported. The New York Times said KKR’s hedge fund division, KES, has divested its positions and would return investors money in the coming days. The proprietary team, led by Robert Howard, failed to achieve the goal set by KKR. KES managed $510m in assets as of May, with around $337m from outside investors.